Volumetric Video - Global Market Outlook (2019-2027)
According to Stratistics MRC, the Global Volumetric Video Market is accounted for $1.07 billion in 2019 and is expected to reach $9.17 billion by 2027 growing at a CAGR of 30.8% during the forecast period. Demand for enhanced match viewing experience and increasing demand for 3D/360° content in entertainment sector are the major factors driving the market growth. However, high cost of production of volumetric video and less effective projection under sunlight are restraining the market growth. Moreover, latent potential of volumetric video in teleconferencing and growing applications of volumetric video for progressive medical imaging & image-guided surgery may provide ample opportunities for the market growth.
Volumetric video captures the act or scene from several standpoints and then the captured information is used for creating a depth map of the recorded video. For instance, each Manifold is capable of capturing every direction from the system with the use of at least four sensors, or seven sensors in most places. Further, different software is used to give required effect to the video.
Based on end user, the sports, events, and entertainment segment is likely to have a huge demand. Major players such as Microsoft, Facebook, Google, and Intel have made several developments in their products, specific to sports and entertainment applications. By geography, North America is going to have a lucrative growth during the forecast period. Most of the demand for volumetric video systems in the region is likely to derive from the US. The region is technologically advanced and an early adopter of emerging technologies.
Some of the key players profiled in the Volumetric Video Market include 4D Views, 8I, Canon, Facebook, Google, Holoxica, Intel, IO Industries, Lightspace Technologies, Mark Roberts Motion Control, Microsoft, Otoy, Raytrix, Realview Imaging, Samsung Electronics America, Sony Pictures Digital Productions Inc, Stereolabs, The Coretec Group (3Dicon), Unity Technologies, Verizon and Voxon Photonics.
Volumetric Captures Covered:
Content Deliveries Covered:
• Multi-Planar Volumetric Display
• Static Volume Display
• Volumetric Displays
• AR/VR HMDs
• Swept Volume Display
End Users Covered:
• Education & Training
• Signage & Advertisement
• Sports, Events, & Entertainment
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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